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Monograph
The labor supply of older American men
Munnell, Alicia H.; Sass, Steven A. (2007)
This chapter summarizes what is known about the labor supply of older American men, defined as those aged 55 years and over. The topic is of great interest because in the coming decades older individuals will comprise a much greater portion of the U.S. population, so the labor supply of older adults will have a significant impact on national output, tax revenues, and the cost of means-tested programs. Most importantly, a greater proportion of older individuals will need to remain in the workforce than is the present case, because the retirement income system is contracting and working longer ...
Monograph , Paper 52

Journal Article
Recent declines in work and income among men with disabilities
Houtenville, Andrew J.; Daly, Mary C.; Burkhauser, Richard V. (2000)
FRBSF Economic Letter

Working Paper
Why Do Households Save and Work?
Borella, Margherita; De Nardi, Mariacristina; Yang, Fang; Torres Chain, Johanna P. (2025-07-15)
This paper develops and estimates a dynamic life-cycle model to quantify why households save and work. The model incorporates multiple sources of risk—health, marital status, wages, medical expenses and mortality—as well as endogenous labor supply and human capital accumulation, retirement, and bequest motives at the death of the first and last household member. We estimate it using PSID and HRS data for the 1941–1945 cohort via the Method of Simulated Moments. Eliminating bequest motives reduces aggregate wealth by 23.8% and labor earnings by 1.2%; removing medical expenses lowers them ...
Working Papers , Paper 2526

Journal Article
Look who's working now
Owyang, Michael T.; Engemann, Kristie M. (2006-04)
National Economic Trends , Issue Apr

Working Paper
Consumer Bankruptcy, Mortgage Default and Labor Supply
Li, Wenli; Meghir, Costas; Oswald, Florian (2022-08-30)
We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks, education specific productivity shocks, and catastrophic consumption events, while bankruptcy is governed by the basic institutional framework in the U.S. as implied by Chapter 7 and Chapter 13. The model is estimated using micro data on credit reports and mortgages combined with data from the American Community Survey. We use the model to understand the ...
Working Papers , Paper 22-26

Working Paper
The Effects of Collecting Income Taxes on Social Security Benefits
Jones, John Bailey; Li, Yue (2017-01-12)
Since 1983, Social Security benefits have been subject to income taxation, a provision that can significantly increase the marginal income tax rate for older individuals. To assess the impact of this tax, we construct and calibrate a detailed life-cycle model of labor supply, saving, and Social Security claiming. We find that in a long-run stationary environment, replacing the taxation of Social Security benefits with a revenue-equivalent increase in the payroll tax would significantly increase labor supply, consumption and welfare. From an ex-ante perspective an even more desirable reform ...
Working Paper , Paper 17-2

Working Paper
Long-term changes in labor supply and taxes: evidence from OECD countries, 1956-2004
Raffo, Andrea; Rogerson, Richard; Ohanian, Lee E. (2006)
We document large differences in trend changes in hours worked across OECD countries over the period 1956-2004. We then assess the extent to which these changes are consistent with the intratemporal first order condition from the neoclassical growth model. We find large and trending deviations from this condition, and that the model can account for virtually none of the changes in hours worked. We then extend the model to incorporate observed changes in taxes. Our findings suggest that taxes can account for much of the variation in hours worked both over time and across countries.
Research Working Paper , Paper RWP 06-16

Journal Article
Nebraska’s Labor Market Still Strong, but More People Working Multiple Jobs
McCoy, John; Kauffman, Nathan (2024-11-20)
The labor market in Nebraska remains strong, but some emerging trends point to elements of softness important to monitor moving forward.
Nebraska Economist

Working Paper
The evolution of the demand for temporary help supply employment in the United States
Estevao, Marcello; Lach, Saul (1999)
The level of temporary help supply (THS) employment surged during the late 1980s and the 1990s. However, we know little about where these workers were placed and, thus, there is a gap in our understanding of cyclical and trend industry employment in the U.S. To close this gap, we estimate the proportion of THS employees in each major U.S. industry during 1977-97 using information from input-output tables and from the Contingent Worker Supplements to the CPS surveys of February 1995 and February 1997. Our estimates indicate that almost all of the growth in THS employment is attributed to a ...
Finance and Economics Discussion Series , Paper 1999-58

Speech
Bridging the Skills Gap
Williams, John C. (2022-10-21)
Remarks at the “Skilling the Gap: Building Local Talent for In-Demand Careers,” Columbia-Greene Community College, Hudson, New York.
Speech

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